When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Olin stock just met that criteria with a new score of 82.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matches up against that of all other stocks.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves.
Looking For Winning Stocks? Try This Simple Routine
Is Olin Stock A Buy?
Olin stock is trying to complete a consolidation with a 64.80 entry. See if the stock can break out in volume at least 40% higher than normal. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The chemical company reported negative growth for both the top and bottom lines last quarter. Olin Corp is expected to report its next quarterly numbers on or around Apr. 27.
Olin stock holds the No. 24 rank among its peers in the Chemicals-Specialty industry group. Orion Engineered Carbons and NewMarket are also among the group's highest-rated stocks.
